Celtic Linen profits fall

31 January 2012 04:00 PM

CELTIC Linen Group saw pre-tax profits plummet by 85pc last year to €15,000.

This followed revenues declining by 2pc from €23.1m to €22.6m. And net interest payments of €459,621 contributed to the group's pre-tax profit of just €15,000. However, the number of employees at the group increased from 355 to 371 last year.